FRANCE - The Fonds de reserve pour les retraites said it is 143% funded, more than enough needed to fund its liabilities through to 2024 as mandated by the government.
FRANCE - The €37bn ($51bn) Fonds de reserve pour les retraites said today it would implement a liability driven investment strategy after receiving a clear picture of its liabilities from the government last year.
FRANCE - Antoine de Salins, executive director at Fonds de réserve pour les retraites (FRR), has left to join Groupama Asset Management (AM) as chief investment officer.
FRANCE - Fonds de reserve pour les retraites (FRR) has put a series of fixed income mandates out to tender.
FRANCE - The Fonds de Réserve pour les Retraites (FRR) gained 2.6% during the first quarter, according to estimated and unaudited data supplied by the fund.
FRANCE - The Fonds de réserve pour les retraites (FRR) has appointed Philippe Aurain as chief investment officer.
FRANCE - Investment returns at the Fonds de Réserve pour les Retraites (FRR) are up 15% for 2009 on the back of the strong rebound in the equity markets.
FRANCE - The Fonds de Réserve pour les Retraites (FRR) has hired six firms to run a combined €4bn (US$5.9bn) in inflation-linked bond mandates.